Marijuana Stocks
Flora Growth Corp Had a “Foundational Year” With a market cap of just $80.1 million, Flora Growth Corp (NASDAQ:FLGC) is a small, overlooked pot stock. Don’t let its penny-stock status scare you away, though. FLGC stock is entrenched in penny-stock territory more because of the drawn-out process of legalizing…
Village Farms Stock a Great Contrarian Play Those who follow the cannabis stock market know it has been taking a beating lately. The broader stock market has also been bearish—hobbled by rising interest rates, record-high inflation, a looming recession, the COVID-19 pandemic, and the war in Ukraine. Pot…
Ascend Wellness Holdings Inc: 6 States, 20 Dispensaries, & Still Growing Cannabis stocks are in a bear market, with stalled federal U.S. legalization of marijuana being the biggest industry headwind. That's despite an overwhelming 68% of Americans supporting legalization. Other hurdles that are keeping pot stocks in the…
Hydrofarm Holdings Group Inc Reports Strong Results There’s a lot of momentum in the U.S. regarding the legalization of recreational marijuana. In early April, the U.S. House of Representatives passed a bill to decriminalize cannabis. Days later, the House passed a medical marijuana research bill. At the state…
Undervalued InterCure Ltd Poised for Massive Growth For the most part, cannabis stock investors have their eyes on the U.S. market, waiting for marijuana to finally be decriminalized at the federal level. But there’s more to the marijuana market than North America. Countries on other continents have been…
AFC Gamma Inc Largest Institutional Lender to Pot Industry The U.S. cannabis industry got a bit of a jolt at the beginning of April after the House of Representatives passed the Marijuana Opportunity Reinvestment and Expungement Act (MORE Act). The legislation decriminalizes pot at the federal level. (Source:…
Innovative Industrial Properties Inc Rents Out Facilities to Pot Operators The U.S. is the world’s largest and most attractive market for the producers and sellers of legal marijuana. While we continue to wait for the House-approved Marijuana Opportunity Reinvestment and Expungement Act (MORE Act) to be signed off…
Green Thumb Industries Stock Down Despite Strong Financials U.S. marijuana stocks surged in late 2020 on growing optimism that the Democrats would move to federally legalize cannabis. But like high school election promises of no homework, that hasn’t happened, despite the Democrats gaining control of the White House…
Bullish Sign if Pot Stock Market's Base Holds Heading into 2022, the major risks for investors were yields and interest rates. There was also some trepidation about geopolitical situations involving China and Russia. The stock market selling drove the Nasdaq and Russell 2000 into bear market territory while…
Item 9 Labs Stock's Outlook Is Bullish Investors searching for an overlooked, beaten-down marijuana stock with amazing potential may want to consider Item 9 Labs Corp (OTCMKTS:INLB). INLB stock might be down by 68% year-over-year, but it has excellent potential, with analysts looking for it to rally by…